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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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SolarAfrica reaches R1.5bn financial close to build 114 MW SunCentral 2

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Commercial and industrial renewable-energy producer SolarAfrica has secured financial close on R1.5-billion to build the 114 MW utility-scale solar project SunCentral 2 in the Northern Cape, with first power expected this year. The funding, provided by financial services firms Rand Merchant Bank and Investec Bank, is a significant step in boosting access to affordable and clean energy for South African businesses, SolarAfrica says.

Operation Vulindlela represents incomplete reforms until lived experiences improve – Bernstein

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While South Africa has made progress since forming the Government of National Unity (GNU) in 2024, particularly in electricity and logistics reform, these incomplete achievements fall short of building the deep credibility needed to convince investors and businesses that the future will be meaningfully better, says public policy think tank Centre for Development and Enterprise executive director Ann Bernstein. There are some areas of progress and the GNU deserves credit, but the question is not whether some things are better than they were, but whether the country genuinely believes it is on a trajectory that will lift investment, growth and employment; none of which has improved meaningfully.

Discovery Green sees trader‑led wheeling becoming dominant commercial model in 2026

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The head of Discovery Green, the renewable-energy trading unit of JSE-listed Discovery, is forecasting that trader‑led wheeling will become the dominant commercial model in the South African electricity market in 2026. In a wide-ranging statement, Discovery Green CEO Andre Nepgen highlights that the wheeling framework has matured and that the market is, thus, poised to move beyond one‑to‑one bilateral agreements and toward more aggregated solutions.

CSIR leads local skills development for EU-backed critical metals programme

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The Council for Scientific and Industrial Research (CSIR) has been selected to drive the EU’s Team Europe Initiative, which aims to align skills development, industrial investment and clean energy innovation among partners to create jobs and unlock local economic value as the world transitions to green economies. The initiative was born from the South Africa-EU Clean Trade and Investment Partnership, which committed to deepen cooperation across the extraction, processing, refining and recycling of critical raw materials, particularly for the battery value chain.

Anti-corruption efforts stagnate in SA, CW urges renewed political leadership

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Non-profit organisation Corruption Watch (CW) on Tuesday called for renewed political leadership on anti-corruption; the protection of civic spaces with an end to attacks on journalists, whistleblowers and non-governmental organisations; and the closure of secrecy loopholes that allow corrupt money to move across borders. Anti-corruption movement Transparency International released its 2025 Corruption Perceptions Index, highlighting worsening corruption and a decline in global leadership.
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